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On January 22, Jefferson County Rocks inc, a marbie contractor, issued for cash 20,000 shares of $20 par common stock at $68, and on February

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On January 22, Jefferson County Rocks inc, a marbie contractor, issued for cash 20,000 shares of $20 par common stock at $68, and on February 27 , it issued for cash 150,000 shares of preferred stock; $4 par at $7. a. Joumalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. b. What is the tetal amount invested (total paid-in copital) by all stockhalders as of February 27? On January 22, Jefterson County Rocks Inc., a marble contractor, issued for 150,000 shares of preferred stock, $4 par at $7. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. Jan. 22 Feb. 27 b. What is the total amount invested (total paid-in capital) by all stockholders

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